浙江美大(002677) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥273,006,932.38, a decrease of 19.39% compared to ¥338,683,221.76 in the same period last year[7] - Net profit attributable to shareholders was ¥77,159,535.78, down 23.34% from ¥100,650,582.55 year-on-year[7] - Basic and diluted earnings per share decreased by 25.00%, from ¥0.16 to ¥0.1200[7] - Total operating revenue for Q1 2024 was CNY 273,006,932.38, a decrease of 19.4% compared to CNY 338,683,221.76 in the same period last year[19] - Net profit for Q1 2024 was ¥76,923,200.85, representing a decline of 23.5% from ¥100,650,582.55 in Q1 2023[21] - The company reported a basic and diluted earnings per share of ¥0.1200, down from ¥0.16 in Q1 2023[21] Cash Flow and Liquidity - The net cash flow from operating activities significantly dropped by 86.91%, from ¥116,332,384.29 to ¥15,228,062.72[7] - The company generated cash inflows from operating activities totaling ¥307,037,867.22, a decrease of 24.5% from ¥406,516,747.69 in the previous year[23] - Cash and cash equivalents at the end of Q1 2024 amounted to CNY 1,305,047,846.09, up from CNY 1,286,292,342.37 at the beginning of the quarter[16] - The cash and cash equivalents at the end of Q1 2024 increased to ¥1,303,596,478.09 from ¥1,210,687,717.28 at the end of Q1 2023[24] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥2,337,135,981.43, a slight increase of 0.19% from ¥2,332,689,206.47 at the end of the previous year[7] - Total liabilities decreased to CNY 228,478,699.63 from CNY 304,131,851.70, a reduction of 25%[17] - Shareholders' equity increased to CNY 2,108,657,281.80 from CNY 2,028,557,354.77, reflecting a growth of 3.9%[17] Accounts Receivable and Contract Liabilities - Accounts receivable increased by 73.38% to ¥16,140,774.16, attributed to a "payment before delivery" sales model[10] - Contract liabilities decreased by 55.25% to ¥50,323,348.27, due to a reduction in advance payments received[10] - Accounts receivable increased to CNY 16,140,774.16 from CNY 9,309,728.85, reflecting a rise of 73.5%[16] - Contract liabilities decreased significantly to CNY 50,323,348.27 from CNY 112,451,945.78, a decline of 55.3%[17] Operating Costs and Expenses - Total operating costs amounted to ¥187,016,732.70, down 16.6% from ¥224,100,940.32 in the previous year[20] - The company incurred research and development expenses of ¥9,190,256.89, down from ¥10,556,611.72 in Q1 2023, indicating a focus on cost management[20] Other Financial Metrics - The company's weighted average return on equity fell to 3.73%, down from 4.99% in the previous year[7] - The company reported a significant reduction in employee compensation payable, which fell to CNY 9,337,523.12 from CNY 29,407,307.70, a decrease of 68.3%[17] - Other comprehensive income after tax was reported at -¥823,273.82, slightly improved from -¥834,342.91 in the previous year[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 72,883[11] Product Development and Market Strategy - The company has not disclosed any new product developments or market expansion strategies in this report[18]